What does worry me a little is the "last minute" nature of the banking arrangements. I was amazed that the original problem was a last minute issue. Since then, everything they do with the banks (past extension included) involves a life threatening, last minute, make or break, desperate thrust to the line.
Why is everything at the last minute - why is it that the banks and OZL cannot agree a conditional extension now?
OZL Price at posting:
50.0¢ Sentiment: Hold Disclosure: Held